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Re: THE CORRECTION IS COMING. OIL WILL GO DOWN     23-Oct-09 07:30 pm    
oil to a hundred dollars?... well, the dollar will continue to decline in value, thus the oil producing nations will continue to restrict supply, to keep their buying power up, since oil is still priced in dollars... thus as demand does finally begin to grow, it'll cause the price of oil to rise even higher... the major oil trading companies make more profit as oil prices rise, thus their incentive to keep oil pricing up, though an occassional dip is needed to maximize derivative profitability... we could see oil at a hundred... probably will.
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  Subject Author Rating Time of Post (ET)  
 
Call it gut instict,or whatever... China is having m...
mysticoracl... Rate it 24-Aug-09 12:46 am  
 
Goodness gracious... if the old rules of demand/su...
be.pick Rate it 26-Aug-09 11:02 pm  
 
sha: nice try but china reported today almost 9% ...
oilnewby Rate it 22-Oct-09 05:29 pm  
 
Re: THE CORRECTION IS COMING. OIL WILL GO DOWN
be.pick Not rated 23-Oct-09 07:30 pm  
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Imperial Oil Ltd. (IMO)

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On Dec 18: 37.22 Up 0.04 (0.11%)
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